Form 26QB: TDS default u/s 200A due to inoperative PAN

Hello @AkashJhaveri ,
Thank you so much. can we pay 20% demand even with out linking sellers PAN and Aadhar now? So this amount can be claimed again in April 2025 or before?

I got short demand notice yesterday. Seller was not linked pan and aadhar . Yesterday seller paid late payment challan to link inoperative pan and aadhar. Kindly help

Hey @alanka,

Once the payment for linking PAN and AADHAAR is made, a request needs to be submitted on the Income Tax Portal.

Moreover, if the transaction happened before 31st March 2024 and the PAN of seller becomes operative before 31st May, you will not be liable to pay TDS at a higher rate. But, if the transaction took place after 31st March, you will have to pay the demand.

Mam can you help I selled a land and now buyer has put more amount of money in 26qb than he has given me and even in wrong dates